IMA Scam Case: Former Karnataka Minister Roshan Baig Arrested

IMA Scam Case: Former Karnataka minister Roshan Baig arrested, CBI sent to 14 days judicial custody.

In Karnataka, Congress leader and former minister Roshan Baig was arrested by the CBI on Sunday. This arrest has been made in the multi-million-rupee I-Monetary Advisory (IMA) Ponzi scam case.

This information was given by the sources of the investigating agency. He said that Baig was asked to appear in the CBI office in the morning.

The investigative agency arrested him after questioning on the basis of concrete evidence. Baig was a Congress MLA who was disqualified.

Sources said that former MLA from Shivaji Nagar, Baig was produced before the court. From there he was sent to judicial custody.

The IMA and its group companies ran Ponzi schemes worth crores of rupees. In this, lakhs of people were duped by allegedly promising high returns using Islamic methods of investment.

Roshan Baig has already been arrested

Let us know that in 2019, the Special Investigation Team investigating this case had detained his name after including Roshan Baig in the case.

The main accused Mohammad Mansoor Khan and the owner of the IMA alleged in a video that Roshan Baig had extorted money from him.

Roshan Baig was detained by the SIT after the video was uploaded to YouTube, as he tried to move from a private charter plane to a foreign country.

The SIT had alleged that Baig was trying to flee the country. When the scam surfaced in 2019, the then revenue minister R.V. Deshpande had said that Roshan Baig introduced him to Mansoor Khan in July that year.

This is the whole case

Significantly, this scam of IMA came out in 2018 in which the company was illegally collecting money from people for various Ponzi schemes like monthly scheme, education scheme, marriage scheme, by luring more interest.

When it came time to return, Mansoor Khan fled to Dubai. He was extradited to India on 19 July last year and arrested.